S&P boosts Health Care REIT view to positive

Standard & Poor's said it revised its outlook on Health Care REIT Inc. to positive from stable.

At the same time, the BBB- corporate credit, BBB- senior unsecured debt and BB+ preferred stock ratings are affirmed, the agency said.

The affirmed ratings and outlook revision reflect a stable business profile, which has been enhanced through the conservatively funded investment activity of the past few years, S&P noted.

Additionally, the company has maintained a good financial profile characterized by stable cash flow coverage measures and debt leverage that is well within acceptable limits for the existing rating, S&P said.

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